Bitit 74 Reviews Crypto Exchange

Forex Trading

Coinbase is one of the best exchanges for beginners and is a more user-friendly place to simply buy and store crypto. Bitget is better than Coinbase for those looking to trade futures, copy trade, and access earn features. Bitget offers a feature called “strategic trading,” available for both Spot and Futures markets.

Free deposits and fairly cheap withdrawals are available for Bitcoin Litecoin, Ethereum, Zcash, Monero, Dash, Ripple, Iota, EOS, and an additional 80+ assets. More recently, it was revealed that Bitfinex lost access to $850 million worth of their customer funds, due to one of their payment processors – Crypto Capital – having funds seized by Poland, Portugal and the USA. This situation persisted for weeks, leading to client complaints and all kinds of distortions in Bitfinex’s pricing. Normal service was eventually restored—although US dollars and US customers are no longer accepted by Bitfinex as a result of these banking headaches. Bitfinex features an advanced, customizable GUI, over 50 trading pairs (e.g. BTC/ETH), and plentiful order types, such as limit, market, stop, stop-limit, trailing stop, fill or kill, and scaled orders.

We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. The platform has support from The Family (a European group supporting entrepreneurs), the Luxembourg House of Financial Technology, and EY (a global company). Using the platform is as simple as signing up, completing the profile to increase your buying limits, and getting ready to use the intuitive interface.

  1. Thus, hackers would need a lot more time and effort to break through the system than those platforms that have not invested in blocked content.
  2. The company is also working on integrations with different payment providers to enable easier cash payments for countries that don’t have a large base of credit card users.
  3. These features combine to make it a popular exchange with more sophisticated cryptocurrency traders.
  4. The platform offers a range of payment methods for investors to purchase cryptocurrencies, which include credit and debit card purchases, purchases with EUR and also voucher purchases.

If you are on a search to find the perfect crypto exchange, be sure to check out our article where we break down and compare the Top Crypto Exchanges. Bitit delivers investors a platform with a strong emphasis on privacy and security. Ensure that your EUR wallet is open, as Bitit auto-transfers all proceeds to the EUR wallet.

Bitit Trading fees

Right on, now that we know a bit about the Bitget exchange, let’s crack into the key features and see if this crypto exchange is worth your consideration. Bitget has its own native utility token, BGB, which can be used to reduce trading fees, staked for an annual percentage rate (APR), and enable social trading. The token has multiple use cases and is an integral part of Bitget’s ecosystem. With Bitit, you can access the leading cryptocurrency assets in a simple and secure way, no matter where you are, in just a few clicks.

Deposit/Trading/Withdrawal Fees

Today I am going to discuss about bitit review in which I will discuss some of the basic things about the exchange. They offer EV SSL certification for the web page, two-factor authentication, and strict verification procedures, and they do not store account passwords or card numbers. Bitit partners with a Level 1 PCI service provider, maintains bank level security, is regularly audited and tested, and provides ongoing training to all staff. While “exchange” is the only word we have to describe Bitit, it’s not a typical exchange like Coinbase or Bitstamp.

The platform offers a range of payment methods to acquire cryptocurrencies supported by Bitit. Cryptocurrency investors are able to purchase more than 50, and rising, Bitit supported cryptos by credit card. Bitit removes currency conversion risk for buyers by supporting the purchase of cryptocurrencies in up to 15 different fiat currencies.

The user will earn 10 USDT and 10 BGB after each signup deposits and trades. Though I just said this app is great, most traders, myself included, do not recommend using any mobile app as a primary trading tool as that is just asking for a bad time. I go into further detail on why this isn’t recommended in my Coinbase Review for you to check out before you think you can become a pro trader simply from a mobile app.

It looks like they ran an event for Bitcoin once this year and there is nothing upcoming. Hopefully, they will list new events soon as this is a pretty great feature, one that could attract a lot of customers. Compare this to platforms like Binance which have hundreds of different earn products ranging from low to high risk for hundreds of different assets. The main benefit of this is that it allows traders to retain the charges for the conversion of coins to coins and allows them to collect profits earned from the higher value of coins. Those of us who have been kicking around the crypto space for more than a day know all about the exchange titans like Binance, Coinbase, KuCoin, and others, which have served us well over the years. But maybe it is time for an innovative, new entry into the space; someone to come along and offer something new, something different and shake things up a bit.

Exchange Fees

After the purchase, choose the external wallet you’d like to send the coins to and then Proceed to Payment. Bitit crypto exchange with its several facilities is gaining the trust of the customers. The customers are provided with fair payment methods and with the easy process of purchase. Although it has some disadvantages like high fees and a limited supply of assets, it is still getting a good response from the customers. For the newcomers, the Bitit exchange will serve well in buying the cryptocurrencies. The company is also working on integrations with different payment providers to enable easier cash payments for countries that don’t have a large base of credit card users.

Keep that in mind if you choose to purchase in a currency that is not Euro. Bitit is a cryptocurrency exchange and a platform for selling and buying bitcoin and other cryptocurrencies. The Paris based cryptocurrency exchange Bitit provides users an easy, instant, and secure purchases of digital assets. The main difference between Bitit and LocalBitcoins is that latter exchange is peer-to-peer (P2P) based, as traders buy and sell coins between each other. The platform offers only bitcoins through various payment methods (over 50 of them).

Easy verfication 3d payments with debit…

So you go over the closest one, purchase on spot and then use the receipt to fill out the payment form. Bitget is a reputable global crypto exchange available in most countries excluding the US, UK, Canada, and sanctioned countries. It is one of the best platforms that offers copy trading and is popular for spot and futures trading. It is a professional-grade trading platform that supports fiat deposits and withdrawals but could benefit from a better earn product selection and better crypto asset support.

Tokenhell produces content exposure for over 5,000 crypto companies and you can be one of them too! Tokenhell is not responsible for the content, accuracy, quality, advertising, products or any other content or banners (ad space) posted on the site. The email support is available for customers who cannot fully understand the conditions and terms of the exchange.

Bitit supports all major card networks including VISA, Mastercard, Maestro, and Amex. Using a bank account is accomplished through TrustPay (compatible with SEPA) and is only available for EU users. One can also use a Bitit gift card or click on Store Locator to find a local shop that will sell crypto over the counter to those who pay with Cashlib, Neosurf, or Bitit vouchers.

My sentiment is mirrored by the impressive 4.9 out of 5 rating on Google, and 4.7 out of 5 on the App Store on over 11k reviews across both sites. Instead of spending funds buying arenas or paying celebrity endorsers, it is good to see that Bitget put some time, money and effort into creating a great app that is available for IOS and Android. Though, again, like the earn feature, you will notice a lack of events here.

After verifying, you’ll be able to add a credit card or European bank account to Bitit and to purchase cryptocurrency. You can do so by clicking on the Buy tab on the top of the website, where the full range of cryptocurrencies will be revealed for purchase. Before buying, however, it’s important to add the cryptocurrency wallet you want to receive your coins. Bitit does not have wallets of its own but can send coins bought on its platform to whatever wallet you save in your profile.

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